{"id":431027,"date":"2021-08-17T10:54:37","date_gmt":"2021-08-17T05:24:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=431027"},"modified":"2021-08-17T12:00:35","modified_gmt":"2021-08-17T06:30:35","slug":"to-reach-green-energy-milestone-ongc-charts-buyout-route","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/to-reach-green-energy-milestone-ongc-charts-buyout-route\/","title":{"rendered":"To reach green energy milestone, ONGC charts buyout route"},"content":{"rendered":"<p>Though not in a \u201ctearing hurry\u201d, state-owned Oil and Natural Gas Corporation (ONGC) is looking at acquisitions to reach its target of 10 GW of installed renewable energy capacity by 2040.<\/p>\n<p>\u201cRenewables seem to be making a lot of business sense today. We are looking at the possibility of inorganic investments,\u201d said ONGC Chairman Subhash Kumar in an analyst call. He, however, said the company was not in a \u201ctearing hurry\u201d to reach its target quickly as it was not immediately necessary from a marketing perspective, since India imported about 85 per cent of its crude oil requirements.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Though not in a \u201ctearing hurry\u201d, state-owned Oil and Natural Gas Corporation (ONGC) is looking at acquisitions to reach its target of 10 GW of installed renewable energy capacity by 2040. \u201cRenewables seem to be making a lot of business sense today. We are looking at the possibility of inorganic investments,\u201d said ONGC Chairman Subhash Kumar in an analyst call. He, however, said the company was not in a \u201ctearing hurry\u201d to reach its target quickly as it was not immediately necessary from a marketing perspective, since India imported about 85 per cent of its crude oil requirements.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-431027","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/431027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=431027"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/431027\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=431027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=431027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=431027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}